Sheffie Jos

• · Manage & oversee the Medical & Life underwriting program
• · Provide strategic direction, underwriting control and action
• · Act as focal point for Underwriting lines of business within the underwriting department
• · Lead Product Underwriting best practices
• · Ensure proper application of underwriting methodology and risk appetite of new and renewal business
• · Assemble and analyze data in order to estimate insurance premium and provide quotation.
• · Review endorsement requests and loss control reports.
• · Appraise and underwrite insurance applications.
• · Compute competitive quotations in line with company’s underwriting philosophy
• · Set the premium rating and guidelines that may aid insurance business units in achieving the desired operating results.
• · Prepare technical accounts per class of insurance business.
• · Calculate solvency margins and assist with the calculation of adequate retention level.
• · Underwriting, Product Review & Design, Pricing.
• · Development design and implementation of new benefits.
• · Arranging Medical Base Rate & Medical Trend study studies in coordination with Actuarial teams
• · Arranging terms, quotes & issuance of documents for specialized risks from re-insurers that are outside the scope of the treaty
• · Facultative Re-insurance placement, confirmation and issuance of documents
• Negotiated terms and conditions of coverage with clients to acquire maximum profitability.

· Issuance of New Business Medical Insurance quotes for corporate groups

· Arranging renewal terms, process & negotiations.

· Responsible for Analysis of each Medical policies & suggest recommendations.

· To ensure that policies are in line with internal underwriting guidelines as well as standing regulations in the country of operations.

· Medical portfolio analysis with client segmentation

· Identify and quantify key medical cost impacts

· Perform data extracts and integrate data across multiple business units

· Review data findings and investigate potential solutions

· Responsible for Underwriting, Product Review & Design, Pricing.

· Development design and implementation of new benefits.

· Review, evaluate renewals of existing business and suggest required changes where necessary.

· Renewal Negotiations.

· Medical Base Rate study for all Gulf Territories.

· Medical Trend study for all Gulf Territories.

· Arranging terms, quotes & issuance of documents for specialized risks from re-insurers that are outside the scope of the treaty

· Facultative Re-insurance placement, confirmation and issuance of documents.

· To ensure that policies are in line with internal underwriting guidelines as well as standing regulations in the country of operations.

· Had an underwriting authority of AED 1 M for Medical and Life quotes.

· Implemented New Administration & Customer Service Procedures

· Developed a software package in Ms-Access to automate the day today activities of the department, which was successfully implemented

· To look after renewal of current Life & Medical Insurance Policies by obtaining renewal quote from the current underwriters as well as comparing with other quotations that will be obtained from other approved underwriters. The procedure also involves close co-ordination with the Department Manager and Client, which involves frequent visits to the client office.

· Client Servicing involves serving the client in their day today activities like additions / deletions to the policy, answering their queries, visiting them at their offices to explain more in detail of their policies, which might involve presentation of their Policy

· Selling of Life & Medical Policies – Involves understanding the client’s needs and selling the right product, which suites their requirements

· Claims – The responsibility included verifying the medical claims submitted for proper documentation and maintaining a log of the claims submitted by the client and following up with the underwriters for settlement

· Invoicing – Generating Debit notes / Credit notes based on the underwriters billing after cross checking against the records and forwarding them to the client and also following up with the client for the Premium.

Maintaining records of all the policies in the software developed in Ms-Access for easy verification of details upon request. Also responsibilities included maintaining proper files of all policy documents, Invoices etc.,